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Last $2.65 USD
Change Today +0.06 / 2.32%
Volume 77.7K
ERII On Other Exchanges
As of 8:10 PM 10/8/15 All times are local (Market data is delayed by at least 15 minutes).

energy recovery inc (ERII) Snapshot

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52 Week High
12/29/14 - $5.42
52 Week Low
09/30/15 - $2.07
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energy recovery inc (ERII) Details

Energy Recovery, Inc. designs, develops, and manufactures energy recovery devices (ERDs) to transform untapped energy into reusable energy from industrial fluid flows and pressure cycles. The company’s products include PX ERDs and turbochargers for water desalination; AT and Halo turbochargers for low-pressure brackish and high-pressure seawater reverse osmosis systems; Pressure Exchanger energy recovery devices and turbochargers; and high-pressure pumps. It also offers IsoBoost energy recovery systems comprising turbines and industrial pumps; and lsoGen systems that enable oil and gas operators to capture hydraulic energy and generate electricity from high-pressure fluid flows. In addition, the company provides engineering, technical support, and training services; and preventive maintenance and support services, as well as reinstallation services. It serves engineering, procurement, and construction firms that design and build large desalination plants; original equipment manufacturers; and oil companies, and exploration and production companies. The company markets its products directly to customers through its sales organization, as well as through authorized independent sales agents in the United States and internationally. Energy Recovery, Inc. was founded in 1992 and is headquartered in San Leandro, California.

105 Employees
Last Reported Date: 08/6/15
Founded in 1992

energy recovery inc (ERII) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $262.2K
Compensation as of Fiscal Year 2014.

energy recovery inc (ERII) Key Developments

Energy Recovery Wins $1.8 Million Contract to Supply its PX Pressure Exchangers Technology for Water Desalination Plant in the Middle East

Energy Recovery won a contract worth $1.8 million to supply its PX Pressure Exchangers technology for a water desalination plant in the Middle East. The company will partner with a wastewater treatment and services firm based in the region to implement the project. The order is expected to ship during third quarter of 2016.

Energy Recovery Wins $1.4 Million for Deal in World’S First Large-Scale Solar-Powered Desalination Plant

Energy Recovery Inc. announced an award for $1.4 million to supply its PX Pressure Exchanger technology for the world’s first large-scale solar-powered desalination plant, located in Saudi Arabia. The order is expected to ship during the first quarter of 2016. Energy Recovery will supply its PX-Q300 Pressure Exchanger devices as part of a project that will supply 60,000 cubic meters of fresh water per day. Energy Recovery estimates the PX devices will reduce plant power consumption by 8.4 MW, saving over 73 GWh of energy per year. The plant is expected to be online by the first quarter of 2017.

Energy Recovery, Inc. Receives $1.8 Million for Desalination Deal in Morocco

Energy Recovery Inc. announced a $1.8 million deal to supply its PX Pressure Exchanger technology for a desalination plant in Morocco. The company expects the order to ship in the fourth quarter of 2015. The Pressure Exchangers will be installed by Morocco’s National Power Drinking Water Office (ONEE), which will process 100,000 cubic meters of water per day. They will be using PX-Q300 units, the highest-performing energy recovery devices available on the market. The plant is being developed under ONEE as the first public-private partnership system, and will produce water for 500,000 people. The plant’s capacity could potentially be doubled in the future.


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Price/Sales 3.5x
Price/Book 2.0x
Price/Cash Flow NM Not Meaningful
TEV/Sales 2.9x

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